24Peaks / North America / Canada / Unemployment Rate

Canada - Unemployment Rate 6.91

World Bank WDI · updated 2026-10-15 · 187 economies tracked

Latest value

6.91 (2025)

Global rank

##125 of 187 economies

vs global median

1.4×

Growth since 1991

0.67×

Ranking Race โ€” Unemployment Rate

1 = global #1 ยท lower value ranks higher

#1#24#47#70#93#116#13919911996200120062011201620212025#139#1252021 overtook France2022 overtook Guinea
CanadaQatarCambodiaNigerThailand

Real annual global ranks, 1991 - 2025. Canada climbed from #139 to #125 (overtook France). Gaps in a lane = missing data that year.

Key events for Canada ↓

Key Events โ€” Canada

Auto-detected from rank data + curated milestones

1994
NAFTA takes effect curated

Continental free trade deepens integration with the US and Mexico.

2009
Fell 17 places in global rank auto
2009
Global crisis recession curated

Trade collapse hits the open economy.

2015
Oil price shock curated

Crude collapse hurts energy-heavy provinces.

2020
Fell 29 places in global rank auto
2020
COVID-19 recession curated

Sharpest contraction in decades despite fiscal support.

2021
Overtook France in global rank auto
2022
Overtook Guinea in global rank auto

Unemployment Rate, 1991-2025

World Bank WDI · % of total labor force · linear scale · ranking in the race above
199120012011202120255.287.319.3511.38

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